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Premium income and premiums paid to reinsurers
12 Months Ended
Dec. 31, 2018
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Premium income and premiums paid to reinsurers

6 Premium income and premiums paid to reinsurers

 

            2018              2017              2016  

Life insurance

     16,969        19,952        20,400  

Non-life insurance

     2,346        2,874        3,053  

Total premium income

     19,316        22,826        23,453  

- Accident and health insurance

     1,979        2,511        2,609  

- General insurance

     367        363        444  

Non-life insurance premium income

     2,346        2,874        3,053  
        
      2018      2017      2016  

Life insurance

     2,500        3,214        2,932  

Non-life insurance

     163        217        244  

Total premiums paid to reinsurers

     2,663        3,431        3,176  

- Accident and health insurance

     152        205        238  

- General insurance

     11        13        7  

Non-life insurance paid to reinsurers

     163        217        244  

Premium income decreased by EUR 3,510 million in 2018 (2017: EUR 627 million) mainly driven by a reduction of upgraded Life insurance policies to the retirement platform in the UK, which represents EUR 3,439 million (2017: EUR 5,139 million; 2016: EUR 5,255 million) of total premium income Life insurance.

In addition, there is a negative impact on Non-life insurance from product exits in the US and currency translation adjustments.

The decrease of EUR 714 million in Premium paid to reinsurers Life in 2018 is mainly due to the divestment of annuity businesses in Americas and the United Kingdom which occurred in 2017.